Larson Financial Group LLC Buys 95 Shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN)

Larson Financial Group LLC grew its stake in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 5.1% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,964 shares of the company’s stock after purchasing an additional 95 shares during the quarter. Larson Financial Group LLC’s holdings in Invesco Dorsey Wright Industrials Momentum ETF were worth $300,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of PRN. International Assets Investment Management LLC bought a new position in Invesco Dorsey Wright Industrials Momentum ETF during the 2nd quarter valued at $33,000. Lynx Investment Advisory purchased a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF in the second quarter valued at about $40,000. MGB Wealth Management LLC lifted its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 12.9% during the third quarter. MGB Wealth Management LLC now owns 875 shares of the company’s stock valued at $134,000 after purchasing an additional 100 shares in the last quarter. RPS Advisory Solutions LLC purchased a new position in Invesco Dorsey Wright Industrials Momentum ETF during the second quarter worth about $218,000. Finally, Private Advisory Group LLC bought a new stake in Invesco Dorsey Wright Industrials Momentum ETF in the 3rd quarter worth about $219,000.

Invesco Dorsey Wright Industrials Momentum ETF Stock Down 0.2 %

Invesco Dorsey Wright Industrials Momentum ETF stock opened at $177.42 on Wednesday. Invesco Dorsey Wright Industrials Momentum ETF has a 52 week low of $106.20 and a 52 week high of $180.08. The company’s 50 day moving average price is $160.38 and its two-hundred day moving average price is $145.84. The stock has a market cap of $393.87 million, a P/E ratio of 29.37 and a beta of 1.07.

Invesco Dorsey Wright Industrials Momentum ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a dividend of $0.243 per share. This is a positive change from Invesco Dorsey Wright Industrials Momentum ETF’s previous quarterly dividend of $0.03. This represents a $0.97 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend was Monday, September 23rd.

Invesco Dorsey Wright Industrials Momentum ETF Company Profile

PowerShares Dynamic Industrials Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Industrials Sector Intellidex Index (the Index). The Index consists of stocks of 60 United States industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.